LONDON, March 20 (IFR) - The Lebanese Republic has released initial price thoughts for a three tranche US dollar bond offering, according to a lead.
The issuer is marketing a March 2027 bond at 6.95% area, a March 2032 bond at 7.125% area and a March 2037 bond at 7.35% area. The sizes are yet to be determined.
Pricing is today via bookrunners Barclays, Byblos Invest Bank, JP Morgan and Societe Generale de Banque au Liban.
Lebanon is rated B2/B-/B-. (Reporting by Robert Hogg, Editing by Helene Durand)